For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Peepliya Dist Jhalawar branch in Jhalawar, Jhalawar, Rajasthan, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Jhalawar or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code UTIB0002516. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Peepliya Dist Jhalawar, Jhalawar

Here are some of the key details that come with the IFSC Code UTIB0002516 of Axis Bank for its branch located in Jhalawar, within the district of Jhalawar in the state of Rajasthan.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0002516
Branch Peepliya Dist Jhalawar
City Jhalawar
District Jhalawar
State Rajasthan
Address Survey No.196 By 2 Village Peepliya 326501,Bhawani Mandi Road,Tehsil Pachpahar And Dist.Jhalawar

These details helps users in online banking and for businesses and individuals who use Axis Bank in Jhalawar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002516 for the Peepliya Dist Jhalawar branch of Axis Bank plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Peepliya Dist Jhalawar, Jhalawar, Rajasthan, are allotted a unique IFSC like UTIB0002516 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Jhalawar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Jhalawar and Jhalawar.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Axis Bank in Peepliya Dist Jhalawar reaches the right place, even though there are thousands of branches in Rajasthan and across India.

Format of the IFSC Code UTIB0002516

This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Peepliya Dist Jhalawar in Jhalawar.

For example, the IFSC Code UTIB0002516 of Axis Bank for the Peepliya Dist Jhalawar branch includes these elements, identifying the bank and the branch location in Jhalawar and Rajasthan accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0002516 of Axis Bank for its Peepliya Dist Jhalawar branch located in Jhalawar, the following methods can help:

Cheque Book

The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Axis Bank branches in Jhalawar and Jhalawar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Axis Bank and find the branch locator section. Search for Peepliya Dist Jhalawar or Jhalawar to get the exact IFSC Code UTIB0002516.

Mobile Banking App

If you use Axis Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Axis Bank and Jhalawar that will provide accurate information.

How to Use IFSC Code UTIB0002516 for Online Transfers?

Once you have the IFSC Code UTIB0002516 for the Peepliya Dist Jhalawar branch of Axis Bank in Jhalawar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0002516. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0002516.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank Peepliya Dist Jhalawar in Jhalawar, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Axis Bank in Peepliya Dist Jhalawar, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Axis Bank website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Jhalawar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Peepliya Dist Jhalawar, Jhalawar?

The IFSC Code is UTIB0002516.

Is the IFSC Code UTIB0002516 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Peepliya Dist Jhalawar?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Peepliya Dist Jhalawar branch?

The address of the branch is Survey No.196 By 2 Village Peepliya 326501,Bhawani Mandi Road,Tehsil Pachpahar And Dist.Jhalawar located in Jhalawar, Jhalawar, Rajasthan.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.